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02 Nov 2020

CBD - Everything you need to know

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Commercial Bank of Dubai- Background and overview:

Commercial Bank of Dubai is one of the biggest household names in the banking and financial services sector of the UAE with its headquarters in Dubai. The corporation has an Assets Under Management corpus of close to over $23 billion and a strong network of over 26 branches across the UAE. The bank offers a range of retail and commercial services, such as loans, credit cards, foreign exchange, insurance policies, mobile banking, etc and also attracts deposits from a huge base of customers. Some of the major services provided by CBD are covered below-

Types of Bank Accounts Provided by Commercial Bank of Dubai-

The types of bank accounts one can open with Commercial Bank of Dubai are-

  • Savings Account

  • Deposits

  • Current Account

  • Unit Time Deposits

  • Foreign Currency Account

Get a zero-balance, no-fee NRE/NRO account with North Loop in 5 minutes

CBD Online-

Commercial Bank of Dubai (CBD) provides highly secure and fast online retail banking services, known as CBD online, through which customers can-

  • Pay utility bills

  • Deposit money in savings accounts

  • Transfer funds to other accounts

  • Apply for savings and deposits accounts

  • Manage transactions, etc.

CBD Cash online-

CBD cash online is a virtual bank account service provided by Commercial Bank of Dubai, through which customers can make payments to government and non-government online services such as-

  • Ministry of Interior's e-Fawri and e-Services

  • EIDA services (Emirates Identity Authority)

  • Dubai Economic Department services

  • Dubai Civil Defense services


  • And various other services. CBD cash online requires no minimum balance and is available for individual users as well as multiple users. The bank furnishes daily accounting rundown with a daily cash settlement facility.

CBD iBusiness-

CBD iBusiness is an online business banking service that caters to a wide set of needs, making it a one-stop-shop for all business-related banking requirements.
Some of the major benefits and features of CBD iBusiness are-

  • Online bank statements (up to the minute balance)

  • High level of security

  • Customers can manage all business payments such as payments to suppliers, employees, etc.

  • Users can instantly transfer money between CBD accounts


iBusiness fees and charges-

Fees and Charges
AccountCBD StarterCBD ProCBD PlusCBD Premium
Enquiry onlyFreeFreeFreeFree
Enquiry and Full transaction serviceOne time set up charge of AED 400;
monthly service charge of AED 200
One time set up charge of AED 400;
monthly service charge of AED 200
One time set up charge of AED 400;
monthly service charge of AED 150
One time set up charge of AED 100;
monthly service charge Free
Transaction Authorization Hard TokenFirst 2 tokens free;
each additional token AED 100 per token
First 2 tokens free;
each additional token AED 100 per token
First 2 tokens free;
each additional token AED 50
First 2 tokens free;
each additional token AED 50 per token
Transaction Authorization Soft TokenFirst 2 tokens free;
each additional token AED 75 per token
First 2 tokens free;
each additional token AED 75 per token
First 2 tokens free;
each additional token AED 50 per token
First 2 tokens free;
each additional token AED 50 per token
Training SupportFirst site visit free; AED 250 for subsequent
visit for Dubai and Sharjah;
AED 400 for all other emirates
First site visit free; AED 250 for subsequent
visit for Dubai and Sharjah;
AED 400 for all other emirates
First site visit free; AED 250 for subsequent
visit for Dubai and Sharjah;
AED 400 for all other emirates
Free for all customers

Salary Prepaid Card-

CBD provides a salary payment service known as the Salary Prepaid Card, which is a WPS compliant reloadable card provided to employees of an organization. Employees can withdraw money as well as make payments with the help of the salary prepaid card, offering the utmost convenience to the same.
CBD Salary prepaid card is a safe and convenient payment service with worldwide acceptance.

Commercial bank of Dubai branches-

To help all folks searching for “Commercial bank of Dubai near me”, we’ve compiled a list of all Commercial bank of Dubai branches-

  • Abu Dhabi- Zayed The First, Abu Dhabi Branch- Zayed The First Street (Old Electra Street), Next to El Dorado Cinema.

  • Al-Ain Mall Branch- Othman Bin Affan Street, Ground Floor.

  • Jebal Ali Branch- Jebal Ali Free Zone

  • Al Quoz Branch- Near First Gulf Bank Metro station 733.

  • Jumeirah Branch- Jumeirah Rd.

  • Dubai Immigration Branch- Sheikh Khalifa Bin Zayed Rd, Inside Dubai Immigration Compound, near Al Jafiliya Metro station

  • Main Branch- Al Ittihad St. Port Saeed, Opp. Deira City Center,

  • Baniyas Branch- Baniyas Rd. Al Maktoum Hospital Rd, near Baniyas Metro station

  • Bur Dubai Branch- Al Mankhool St, Opp. Al Khaleej Center

  • Sharjah Branch- King Abdul Aziz Street (Immigration Road), Al Qasimia Area

  • Ajman Branch- Sheikh Rashid Bin Humeed Street, Near Ajman Museum, Opposite Ajman Gold Souq

  • Ras Al Khaimah Branch- Al Quawasim Corniche Road, KAY Invest Building

  • Fujairah Branch- Al Fujairah Corniche, Al Gurfa Road, Near Al Mibkhar Roundabout

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This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.